Fry’s Electronics closing as it looks for more profit

Fry’s electronics, once the envy of the tech world, is closing.The company said Tuesday that it would shutter the division as it prepares for a $2.5 billion restructuring that will include selling off its $2 billion stake in rival JetBlue Airways.Fry’s, which has about 4,500 employees in North America, Europe and Asia, said it would […]

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‘Fry’s electronics’ closing: Co-electronics supplier shuts down

Fry’s electronics is closing down after months of declining sales and an increasingly competitive electronics industry.The company said on Wednesday it had decided to close the Co-Electronics division as a result of lower sales.It has now shifted focus to the manufacturing and distribution of its other products, including its popular F-Series electric vehicles.Fry said the […]

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